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“Short-term rate expectations remain the single most important factor for dollar/yen,”
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“might need some more time.”
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“Some market participants are beginning to be concerned about the risks of an earlier rate hike.”
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“At least for the next half a year the situation is likely to remain tough.”
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“Mr. Koizumi remains willing to pursue structural reforms, so long as the economy permits. He's not going to abandon reforms. However, realistically it's also difficult to assume very quick progress.”
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“It's a very gloomy picture. We can reasonably expect a very weak economic picture for the first and second quarter.”
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“In general reducing the public debt will require drastic public sector reform. To implement drastic reforms, Koizumi needs to gain public support.”
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“In the near term the economic outlook is still quiet bleak.”
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“He hasn't done any reforms yet, so they would like to see the results.”
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“Yen buying seems to be stalling after an initial round of optimism about the Sept. 11 election receded,”
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